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there are good signs that the economy is rebalancing. we need to encourage that by staying on top of our deficit and getting it down, rather than just giving in on every decision, as we have seen today from the labour party. >> according to the children's society, up to 40,000 soldiers, 150,000 teachers and 300,000 nurses will lose out as a result of the prime minister's decision to cut tax credits and other benefits. why are hard-working people like that paying for his economic failure? >> the honorable lady needs to remember why we are having to take these decisions in the first place -- it is to deal with the record budget deficit and the mess left by the labour party. that is the background. the real question about public sector workers -- about soldiers, about teachers and about people who work in our public services -- is that if they are being restricted to a 1% increase, why on earth does the labour party think that people on out-of-work benefits should see their incomes go up faster? that is the question that labour has to answe
there are good signs that the economy is rebalancing. we need to encourage that by staying on top of our deficit and getting it down, rather than just giving in on every decision, as we have seen today from the labour party. >> according to the children's society, up to 40,000 soldiers, 150,000 teachers and 300,000 nurses will lose out as a result of the prime minister's decision to cut tax credits and other benefits. why are hard-working people like that paying for his economic failure?...
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Jan 14, 2013
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banks are an integral part of the economy. they finance new job growth and new companies and people being able to buy a home, which is typically the largest single investment they will ever make. banks are crucial to this entire process. we need them to be there to help consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with these rules. financial institutions will complain about any regulation because they did not want to be subject to kinds of rules that instruct them in how to do their business. when you read the complaints from the financial industry, i would say we have to take some of those with a grain of salt. host: gretchen morgenson is the "the new york times" assistant business and financial editor. she was co-author of "reckless endangerment.' guest: who basically were the interco parties in creating the crisis decades later. host: don is next from c
banks are an integral part of the economy. they finance new job growth and new companies and people being able to buy a home, which is typically the largest single investment they will ever make. banks are crucial to this entire process. we need them to be there to help consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with...
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Jan 14, 2013
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your typical marxist wants to have heavy government control of the economy, control of wages, control of planning. more planning, more regulation, less economic freedom, a much more extensive welfare state. there is a big overlap in that. if you read libertarians talk about the iraq war or the afghanistan war about drone strikes in pakistan, then read marxists talking about the same thing, you could not tell them apart. marxists would say this shows how evil capitalism is. there is overlap about the particular issue. >> how does the institute fit in with "reason" magazine? >> i see them as policy wants to help shape policy better. there are not doing anything radical. they are trying to say things like, rather than doing social security this way, we will do it this way. people think we have to do single payer health insurance. if we allow for competition, we could have health insurance that would be better than what we have. we tried to influence decisions on capitol hill in a way that is politically feasible, not likely. something that could happen. >> i wrote down a number of instit
your typical marxist wants to have heavy government control of the economy, control of wages, control of planning. more planning, more regulation, less economic freedom, a much more extensive welfare state. there is a big overlap in that. if you read libertarians talk about the iraq war or the afghanistan war about drone strikes in pakistan, then read marxists talking about the same thing, you could not tell them apart. marxists would say this shows how evil capitalism is. there is overlap...
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Jan 14, 2013
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she even knew some things about the fiscal cliff and the economy but she did not know about guantanamo. it had disappeared. i'm not going to say anything more relevant. guantanamo continues to hurt us around the world. i asked peter if it is an issue in the middle east. does it include people the way people about the united states? sure, it is. it is still a reason that people become extremists. it is just not us. we want to fight trafficking. that is not u.s. policy. this is u.s. policy. this defines who we are. it is a stain on our reputation. i want to finish with what andy said. i don't know people here watch the movie," lincoln." it is the story of how abraham lincoln pushed through an amendment to the constitution to free the slaves. when you look at it, that was not something -- there were a lot of other issues that he could have avoided that issue to bring the state's back together for economic reasons, to stop killing, and the war, lots of other issues and people said what is this issue matter to you? it was a moral issue defining what the country would be. there are lots of i
she even knew some things about the fiscal cliff and the economy but she did not know about guantanamo. it had disappeared. i'm not going to say anything more relevant. guantanamo continues to hurt us around the world. i asked peter if it is an issue in the middle east. does it include people the way people about the united states? sure, it is. it is still a reason that people become extremists. it is just not us. we want to fight trafficking. that is not u.s. policy. this is u.s. policy. this...
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if you shocked the global economy, the rest of the world disdains the united states for the actions it has taken. if you look at the other contending forces, the unexpected consequences of the gop tectonics' strategic shift that you will get -- geotectonic shift that you get will not be meet. it will not be in a defined box like when you have no real collision. it is a destructive global event and we need to be clear what those consequences are. i think you will hear that from him when he gets -- gives testimony in the senate. host: this is in "the new york times on the magazine's report of none of this works, the president will use military power against iran. i am sure of it. guest: i think he has had conversations we have not had with the president and he has that understanding. this is not a president who want to be remembered as having been an appeaser. i do think if it moved to that level, and i do not think we are there yet, the president will probably initiate force. host: there is this from one of our viewers saying that obama knows at least one of his nominees will have to go
if you shocked the global economy, the rest of the world disdains the united states for the actions it has taken. if you look at the other contending forces, the unexpected consequences of the gop tectonics' strategic shift that you will get -- geotectonic shift that you get will not be meet. it will not be in a defined box like when you have no real collision. it is a destructive global event and we need to be clear what those consequences are. i think you will hear that from him when he gets...